Installing the QT Wallet is extremely simple.is currently available in version 1.1.0 for MS Windows, Linux (23 & 64 bit) and Mac OSX. In addition to these platforms we aim to make Beatcoin available on Android (on Google Play Store), IOS (for Apple products), Z10 (for Blackberry) and to develop a secure web wallet You can set a certain amount of coins to be set aside and ineligible to use for POS rewards. This is done through a simple rpc command or a more permanent method is adding the same line to your .conf file reservebalance=x ( x= the number of coins to reserve) Simply unzip the file you downloaded, and move the application it contains to your apps directory (or wherever you like really). You can then open the Wallet by simply double clicking it. The first time you run the QT Wallet, it will have to sync up to the Bay network and download the blockchain. This could take anywhere from minutes to hours depending on how good your internet connection is. Once you have a full copy, you will only have to sync up to newest blocks, which will usually only take moments. Once you are synced up, you are ready to send, receive and stake XBTS!
Encrypting your Wallet The first thing you should do when you start your QT wallet for the first time is to encrypt it. You can do this by going to the top menu > Settings > Encrypt Wallet. Use a long password with a mixture of lowercase and uppercase letters, numbers, and symbols. Important: Write this password down, and store it in a secure place. If you lose your password, your wallet will be inaccessible for ever. Making a Security Backup Before you go any further it is a good idea to make a backup of your wallet. To do so you need to make a copy of a file called wallet.dat, and store it in a secure location. This will let you access your Wallet and therefore your money in the event you lose access to your computer or the data on it. The file can be found in the following locations: Windows The installation will make a folder that is called Beatscoin here: C:/users/“your name”/Appdata/Roaming You will find your wallet.dat file in this folder. Mac On a mac you will find the file within your user’s Library folder. You will find it at ~/Library/Application Support/beatscoin/ An easy way to get here is by clicking on the top ‘Go’ menu in Finder, while holding the Alt key down. This will bring the Library item into that menu so you can get to it quick and easy. Make sure you make at least one backup of your wallet.dat You should backup your wallet.dat file off your computer, to external media such as a USB drive or stick that you can keep safe. This drive should be kept in a safe deposit box or outside your house to prevent loss in case of fire. Remember, your money is in that file. Without your wallet.dat, you risk losing access to it permanently! Don't hesitate on to contact our team for more technical support .We'll be glad to help you.
name:beatcoin short name: [xbts] algo x11 pos reward 50 coins pow Staking, as this is called, is to leave your wallet running, and this become one of many nodes that confirm transactions on the network. The interest rate is 2.5% annual. block time 90 sec retarget every block min stake age : 24h rpcport=26151